Bolle, Friedel; Liepmann, Hannah; Vogel, Claudia - In: Journal of Economic Psychology 33 (2012) 6, pp. 1170-1181
Social insurance such as unemployment insurance is in many countries mandatory for the majority of workers. The extent of such insurance is determined by a political process, i.e. ultimately by the workers themselves. If unemployment were purely accidental then all risk averse workers should...